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Philosophy of Wealth

work by Clark

Learn about this topic in these articles:

discussed in biography

  • John Bates Clark.
    In John Bates Clark

    The publication of Clark’s Philosophy of Wealth (1886) marked his “revolt against the spirit of the old political economy.” He argued that people were motivated as much by their social interests as by their self-centred personal interests. He therefore rejected pure economic competition as a means by which products…

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